Wal-Mart Lobbying For FDI In India

There is news report that Wal-Mart is still lobbying for enter into Indian market. It should be welcomed by the government of India, which has decided to open retail sector for foreign Direct Investment ( FDI ). It is not a matter of making hue and cry. Wal-Mart is coming in India for social works. It is coming in India to provide jobs to jobless youths. It is coming in India to protect the interest of small shopkeepers, who are earning their livelihoods by opening up small shops. But there is a bad news also that is Wal-Mart wants to open its shops only in big cities and rural India is not in its priority list. It is matter of great concern. It will be injustice for the people of small cities and villages. The government should ensure that retail shops of Wal-Mart be opend in each village. Otherwise the country Will be deprived from the real benifit. And purpose of the government will not serve. The Prime Minister Manmohan Singh should raise the issue with the US president Obama. It is being said that retail gaint is extremely worry for the welfare of small Indian shopkeepers. The retail gaint wants to increase the income of Indian shopkeepers by establishing its own mega market. According to humor-Satire reporter manging director of Wal-Mart has given necessary directions to identify those areas, where shopkeepers can be directly benifited by opening up mega market of Wal-Mart. The government has assured the opposition party that there is no possiblity of any tsunami with entering Wal-Mart into Indian retail sector. The government further says that if tsunami like situation would appear after Wal-Mart entering then It has magic stick to lower the effect. The government has hoped that the opposition parties will be ready to welcome the Wal- Mart after the government assurances. The government has also hoped that the opposition would cooperate with the government, in the larger interest of the people. The government is of the view that Wal-Mart is as necessary as British East India Company. The country had been largely benefited from the British East India Company in Pre-independent era. It had ensured the development of the country. It had created job opportunity and it had provided jobs to unemployed youths. The government has cautioned that if unnecessary hindrance was created and entry of Wal-Mart was stopped, then the country may lose the greatest opportunity. The government also said that without allowing entry to Wal-Mart into Indian retail sector, the country can't be made a super power. The government also said that wherever the Wal-Mart has opened its retail shops small shopkeepers have been hugely benefited.